bitcoin
Bitcoin (BTC) $ 70,175.80
ethereum
Ethereum (ETH) $ 3,804.46
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 0.536413
bnb
BNB (BNB) $ 618.43
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,802.59
cardano
Cardano (ADA) $ 0.495129
dogecoin
Dogecoin (DOGE) $ 0.170112
solana
Solana (SOL) $ 178.19
tron
TRON (TRX) $ 0.123612
matic-network
Polygon (MATIC) $ 0.729567
litecoin
Litecoin (LTC) $ 88.26
polkadot
Polkadot (DOT) $ 7.61
bitcoin-cash
Bitcoin Cash (BCH) $ 514.94
bitcoin
Bitcoin (BTC) $ 70,175.80
ethereum
Ethereum (ETH) $ 3,804.46
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 0.536413
bnb
BNB (BNB) $ 618.43
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,802.59
cardano
Cardano (ADA) $ 0.495129
dogecoin
Dogecoin (DOGE) $ 0.170112
solana
Solana (SOL) $ 178.19
tron
TRON (TRX) $ 0.123612
matic-network
Polygon (MATIC) $ 0.729567
litecoin
Litecoin (LTC) $ 88.26
polkadot
Polkadot (DOT) $ 7.61
bitcoin-cash
Bitcoin Cash (BCH) $ 514.94
BLAST AIRDROP

“A Comprehensive Rundown of Blur’s Native Yield L2 and Token Airdrop: An Explanation of Blast”

Blast sets itself apart from other Ethereum-based L2 networks with native yield, which lets users earn passive income just by keeping certain tokens in their wallets. Blast, which is positioned as a stable and experimental playground, invites developers and users to make native income while interacting with DeFi, gaming, SocialFi, and NFT collections.

Crypto currency blast sets itself apart from other Ethereum-based L2 networks with native yield, which lets users earn passive income just by keeping certain tokens in their wallets. Blast, which is positioned as a stable and experimental playground, invites developers and users to make native income while interacting with DeFi, gaming, SocialFi, and NFT collections.{free nft }

What is Blast?

developed by the same talented team that created the popular NFT { crypto NFT} marketplace Blur, Blast is an Ethereum Layer-2 (L2) platform. They highlight the native yield that can be obtained by users and contributors in ETH, USDC, USDT, and DAI through their ecosystem. All you need to do to get yield is to have these  crypto tokens in your wallet.Pacman, a well-known but unidentified developer, is in charge of Blast’s development. They started development by allowing interested parties to deposit money into a multisig wallet. As a result, there was over $2 billion in money available for deployment on February 29th, when the Blast mainnet launched.

 

By offering free crypto native yield for Ether (ETH) and other stablecoins [ crypto token ] like USDC, USDT, and DAI, Blast distinguishes itself. This feature enables these assets to produce yield on their own after they are “bridged,” or moved, into the Blast ecosystem. Blast, which markets itself as the only L2 network that helps with earnings, uses two important yield generation mechanisms:

1. To maintain network security and operations, Ethereum holders engage in ETH staking, which involves locking up their ETH. They are rewarded with extra ETH in exchange, and Blast gives users direct access to this staking yield in crypto market .

2. Including on-chain Treasury Bill (T-Bill) protocols, as demonstrated by the example provided by MakerDAO. Stablecoins automatically participate in on-chain T-Bill protocols, which resemble conventional treasury bills and offer returns over a predetermined period, when they are bridged to Blast.

By providing users with a passive income stream, Blast hopes to increase the allure of holding and using digital assets on their platform. This strategy addresses a common problem in the cryptocurrency space related to assets’ idleness and offers a way to preserve asset value while also possibly increasing it over time.

What is the earning potential on Blast?

Blast offers interest rates of 4% for ETH and 5% for stablecoins like DAI, USDC, and USDT. It’s important to emphasise that even though these yields might not be the best on the market, users can still earn interest without having to stake any assets. Just keeping these coins in their wallet earns them interest.

The BLAST token distribution event.

 In order to encourage user participation and promote platform growth, the BLAST token distribution is essential to the Blast ecosystem. By connecting resources to Blast and recruiting new users, users participate in this distribution and gain points in the process.In May 2024, these points—which represent their platform contribution—will be exchangeable for BLAST tokens.

There are two distinct phases to the airdrop:{ free airdrop , free crypto airdrop]

By recognising their early participation and asset bridging, early adopters (starting in November 2023) will receive 50% of the allocation.
With the launch of Blast in January 2024, the remaining 50% will go towards supporting developers who want to invent and add new features to the Blast ecosystem.

How to earn BLAST tokens through farming

As the launch of the BLAST token draws near, those who enjoy airdropping are actively looking for ways to obtain it. Take these actions to take part in the Blast Early Access airdrop:

1. Go to the official Blast website- https://blast.io/en 
2. To claim your airdrop, enter your invite code
3. Link your X (previously Twitter) account to Blast’s official account to follow it.
4. To join Blast’s group, connect your Discord account.

5. Establish a connection with your Ethereum wallet and bridge Ethereum tokens (more tokens bridged equals more Blast points).
6. Beginning in May 2024, blast points can be exchanged for BLAST tokens

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